Kate Spade has a 52-week low of 14.02 and a 52-week high of 26.46. Vetr's price objective indicates a potential upside of 40.94% from the stock's current price. During the same period a year ago, the firm earned $0.05 EPS.
The company's expected revenue in the current quarter to be 344.46 Million, seeing a projected current quarter growth of 36.4%, and per annum growth estimates over the next 5 year period of around 23.75%. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Kate Spade & Co had a net margin of 9.67% and a return on equity of 27.34%.
Kate Spade & Company (NYSE:KATE) tinted loss of -0.61% (-0.11 points) to US$18.05. Looking at this figure it suggests that the shares of Kate Spade & Company (KATE) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Kate Spade & Company (KATE) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The Median price target for the stock is set at $24.00.
12/28/2016 - Kate Spade had its "buy" rating reiterated by analysts at Mizuho. The firm's revenue was down 1.1% on a year-over-year basis.
Kate Spade & Company (KATE)'s distance from 200 day simple moving average is -4.14 percent, its distance from 50 day simple moving average is -17.14 percent, while its distance from 20 day simple moving average is -15.6 percent.
Kate Spade shares did, however, start coming back to earth in early April, after Reuters reported the takeover process was bogged down, adding to the dismay of shareholders hoping to cash in on a deal early in the year.
TRADEMARK VIOLATION WARNING: "Kate Spade & Co (KATE) Receives "Market Perform" Rating from Cowen and Company" was originally posted by Transcript Daily and is the sole property of of Transcript Daily.
The number of shares now held by investors is 128.29 Million.
01/25/2017 - Kate Spade was downgraded to " by analysts at Telsey Advisory Group. Stock has got OUTPERFORM rating from 3 analysts of Thomson Reuters, 12 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. Ltd. acquired a new stake in shares of Kate Spade & Co during the fourth quarter valued at $127,000. Institutional investors own 98.36% of the company's stock.
Craig A. Leavitt, Chief Executive Officer of Kate Spade & Company, said: "Despite a challenging retail environment and the later Easter holiday, we achieved yet another quarter of double-digit eCommerce comparable sales growth, which assisted offset softness in bricks and mortar stores". The KATE SPADE North America segment consists of the Company's kate spade NY and JACK SPADE brands in North America.